Specs

Bridgestone Retail Operations, LLC
PROJECT MANUAL
Version: January 2012
v. Professional Liability (Errors and Omissions). On a claims made basis with an annual aggregate limit of
liability of not less than $1,000,000 each claim and $2,000,000 in the aggregate (with a deductible of no more
than $25,000) for six (6) years after completion of the Work under this Contract or the applicable statute of
limitations, whichever is longer. This Policy shall be required where architectural, engineering or other
professional services are provided by or through Contractor as a part of the Work.
vi. Builder’s Risk Insurance. Limits shall be not less than the insurable value of the Work at completion,
including the aggregate value of Owner-furnished equipment and materials to be constructed or installed by
Contractor. The coverage period must not end prior to the date of completion of the Work. This coverage shall
include: (a) “all risks” of direct physical loss to buildings, structures, equipment, and materials used in
providing, performing and completing the Work, including without limitation fire, extended coverage,
vandalism and malicious mischief, sprinkler leakage, flood, earthquake, earth movement, collapse, tornado,
hail, windstorm, and named windstorm, (b) equipment or materials while in warehouses, during installation,
during testing, and after the Work is completed, but prior to final acceptance, (c) any period during which
Owner is occupying all or part of the Work but prior to final acceptance without the need for the insurance
company’s consent, (d) Owner as Named Insured and as the “loss payee” with respect to claims under the
Builder’s Risk Insurance, and (e) waiver of coinsurance.
All certificates and policies required in this Section 11 shall: (i) provide that no cancellation or non-renewal of any
insurance shall become effective until the expiration of thirty (30) days after written notice shall have been given by
the insurance company to Owner, and (ii) be primary and not entitled to contribution from any insurance maintained
by Owner. Renewal certificates are to be provided to Owner prior to the expiration of the required insurance
policies. Except with respect to the limits of insurance, Contractor’s required insurance shall apply separately to each
insured or additional insured.
The funding of deductibles, self-insured retentions or self-insured programs maintained by Contractor shall be the
sole responsibility of Contractor, including any amounts applicable to claims involving the Owner as an additional
insured. Any self-insured retentions or deductibles not funded by the insurer which are in excess of $25,000 must be
declared to and approved by the Owner.
Use of leased employees by Contractor is expressly prohibited without Owner’s written permission. If permitted by
Owner, Contractor shall:
a. Require leasing company to provide workers’ compensation and employer’s liability insurance with
limits in amounts not less than required of Contractor.
b. Require leasing company to provide waiver of subrogation in favor of Owner on leasing company’s
workers’ compensation insurance policy.
c. Provide Owner with a copy of leasing company’s certificate of insurance, with endorsements,
evidencing the required coverage.
In specifying minimum Contractor insurance requirements, Owner does not represent that such insurance is adequate
to protect Contractor for loss, damage or liability arising from its work. Contractor is solely responsible to inform
itself of the types or amounts of insurance it may need beyond these requirements to protect itself.
The insurance requirements set forth in minimum amounts shall not be construed to relieve Contractor for liability in
excess of such coverages, nor shall it preclude Owner from taking such other actions as is available to it under any
other provision of the Contract. Any acceptance of certificates of insurance by Owner shall in no way limit or relieve
Contractor of its duties and responsibilities under this Contract, including the duty to indemnify and hold harmless
Owner.
C. Subcontractor Insurance. All Subcontractors shall provide the insurance required by Items i, ii, iii, iv,
and v (when v is applicable) of Section 11(B) above.
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